Skip to main content

About your Search

20130615
20130623
SHOW
Today 5
( more )
STATION
MSNBCW 21
CNNW 13
CSPAN 13
CSPAN2 12
KPIX (CBS) 12
KQED (PBS) 11
CNBC 10
KRCB (PBS) 10
FBC 9
KNTV (NBC) 9
WUSA (CBS) 9
LINKTV 8
MSNBC 8
CNN 7
( more )
LANGUAGE
English 225
Search Results 0 to 49 of about 227 (some duplicates have been removed)
CSPAN
Jun 16, 2013 6:30pm EDT
called the cost of any quality three decades of the super rich and the economy. are we living in a time of economic inequality and is that important? >> guest: we are indeed the gap between the rich and the poor stands at the mere historical levels, not just in the united kingdom but even more so in the united states and across the majority of the rich world. these countries have been getting much more unequaled since the 1970's and in some countries particularly the united kingdom and the united states now back to the kind of income the gaps that we saw in the pre-war iraq. i mean in the united kingdom, we are back to the sort of levels of any quality of the 1930's and in the united states we are back to inequality of the 1920's. so this is a remarkable switch. we have a long period of equalization. the great leveling as historians have to find it in the post war era to the 1970's and then that whole process has gone into reverse. we have simply gone backwards to where we were eda, 90 years ago. >> host: some would call that leveling the redistribution. >> guest: some of it was a redis
PBS
Jun 22, 2013 12:30pm PDT
to the world economy. >> at the summit the g8 leaders issued a cautious assessment of the global economy. in a statement, the g8 warned that, quote, global economic prospects remain weak. though downside risks have reduced thanks in part to significant policy actions taken, unquote. in the u.s., the euro zone and japan. they depicted 2014 as a quote unquote difficult one with the euro zone in recession and the american economy still hampered by high unemployment. china did not participate in the discussions since china is not a member of the g8 although japan, its neighbor, is. >> why are the economies around the world slowing down. >> because the economies around the world have accumulated too much debt and they don't know how to get the economies moving again. china's growth rate is down to 6 or 5%. no one knows where it's going. exports within the european community are dropping all over the place. virtually every european country -- look at the unemployment rate in spain. it's 26%. you look at italy, france and spain, they're all cass -- basket cases. they have a debt to retail. just
CNBC
Jun 20, 2013 4:00am EDT
the fedotenko start scaling back its bond buying program at the end of the year if the economy continues to improve. his comments at the meeting shook the stock and bond market. it's greater optimism. the unemployment could drop to 6 point phone 5% in 2014. that's a year earlier than previously thought. they're still not concerned about inflation and think gdp might expand faster than 3% over the next two years. bernanke tried to draw a distinct line between tapering and the end of qe 2. >> the most important thing that i just want to convey again is that it's important not to say this date, that date, this time. it's important to understand our policies are economic dependent. >>> so coming from the fed. equities sold off in the united states. you can see here just about 35, 40 stocks on the dow jones 500. ftse up 1 2/3. the pmi number. basic resources are the biggest seller. that comes off with china, hsbc pmi down at a nine-month low. new orders down. we're getting more on that from munich. the market reaction, this means commodities are weaker as well to date. spot gold down 3% this
CSPAN
Jun 21, 2013 7:00am EDT
wall street journal," -- -- he went on to say, "the economy is recovering too slowly and should not be regarded as the new normal." >> we need a new approach. an approach that removes obstacles of growth, prosperity -- of growth and prosperity. unleash the nation of builders. to become a nation of builders and i think we have to stop picking winners and losers and start focusing on expanding opportunity for everyone. we started out by giving our kids a good chance at an education. to hirend opportunity axa's education so students are ready for tomorrow's job market. to become a nation of builders again, we need to fix our tax code. if we clear out all of these loopholes and make the tax code fair it is going to make it easier to understand, we will be creating more incentives to bring jobs home, and keep our resources here in america. a host: john boehner before the national association of manufacturers. this headline from "the -- this editorial from "the wall street journal" -- joseph on our twitter page has this comment -- logan is on the phone from las vegas on our independen
CNBC
Jun 21, 2013 6:00am EDT
what he said? valuations are attractive still. businesses are doing well. the economy is strengthening. get this. he says even with $20 billion, he opportunity have enough money to take advantage of all the opportunities here. >> 20. it's not all his. >> he says he's not looking at this point like, look, maybe the rate of the market has slowed down. we're not talking about three year doubles at this point. he says for his funds he's looking more five or six years for doubling. maybe nine or ten for the market. still talking about a very strong market and a place he sees great opportunity. >> these are times you try to keep your cool. >> got to have some powder. got to have dry powder. >> i wish we had all the guys looking for -- if they were to come on and say no, no, no, i'd feel better. they're never able to pull the trigger. want to go overseas? >> i think we should. for a moment. >> take us there. >> i hear this whole thing in china is kind of just not just ben bernanke creating some problems. let's talk about trading in asia and europe today. ross westgate standing by in london. f
PBS
Jun 18, 2013 7:00pm PDT
. >>> the leaders of the world's wealthiest economies have shared their thoughts on everything from global financial markets to the civil war in syria. but they didn't always agree. the heads of the group of eight nations wrapped up their summit at a resort in northern ireland. they said they would take a tougher stance on money laundering, but offered few specifics. >> we launched negotiations on the biggest bilateral trade deal in history. we agreed a lock earn declaration that has the potential to rewrite the rules on tax and transparency for the benefit of countries right across the world, including the poorest countries of the world. >> the leaders agree that tax authorities in their countries would do more to share information. they want to better track the profits of international corporations to make sure they pay their fair share. they found less common ground on syria. >> it's no secret that there were very different views around the g-8 table. but we all share a vital interest in bringing this conflict to an end, and helping the syrian people to achieve the change they want. >> cameron sa
PBS
Jun 19, 2013 7:00pm PDT
world "newsline." >>> policymakers with the u.s. federal reserve are noticing changes in the economy so they're planning some changes for themselves. ai uchida joins us from the business desk. what do they see? >> they've seen the housing market improve, consumer confidence, household spending. in fact when the chairman of the u.s. federal reserve looks to the future, ben bernanke likes what he sees ahead for the economy. the central bank has pumped billions into financial markets over the last several years, but bernanke says later this year the fed could begin slowing the pace of stimulus. federal reserve policymakers released a statement after meeting for two days. they decided to continue buying government bonds at the current rate of $85 per month. but bernanke says they could change their tactics as the labor market changes. >> and if the subsequent data remain broadly aligned with our current expectations for the economy, we would continue to reduce the pace of purchases in measured steps through the first half of next year ending purchases around midyear. >> bernanke said the jo
KCSMMHZ
Jun 17, 2013 6:00am PDT
the economy and improve relations with the west. >>> group of eight leaders are in northern ireland for their annual summit to discuss a wide range of issues including the conflict in syria. >>> "the guardian" newspaper says british agents spied on foreign politicians and officials in 2009 during a g-20 meeting in london. >>> iran's president-elect has held a news conference in tehran. hassan rouhani made a victory speech. he said his administration will rebuild the economy and improve relations with the international community. president-elect hassan rouhani held a news conference for the first time after winning majority of votes in friday's election. nearly 400 journalists attended. >> rouhani ime promised to improve the economy in relation to international. >> rouhani garnered 55% of more than votes. moderate and reformist groups came together to help him. but he'll have to work with hard-line conservatives if he wants to push his agenda forward as they occupy majority in the parliament. he'll be inaugurated in early august succeeded outgoing president mahmoud ahmadinejad. >>> l
CSPAN
Jun 20, 2013 1:00am EDT
debate in congress and the economy. jammer -- tim murphy talking about how obamacare is behind schedule. >> in a lot of ways, this is a challenge. we have a liberal democratic presidents who is not only been elected but reelected. yes projects i think are very wrongheaded. time.a challenging it is also an exciting time. trying to modernize conservatism to bring it in- line with the challenges that the country faces now. we want to help conservatives in the country think about how to confront the challenges of the 21st century. neither side is doing a good job of that. there's a lot of thinking about what the 21st century requires, in terms of change, to get back to economic growth and prosperity. to get back to a cultural revival that we need. is challenging challenging and exciting. >> more with national affairs editor on sunday. [captioning performed bynational captioning institute][captions copyright nationalcable satellite corp. 2013]>> at his poorly briefing, ben bernanke said that the fed might ease up on its federal stimulus plan this year. he also discussed financial regulations
CSPAN
Jun 17, 2013 8:00pm EDT
of america, this remains a vibrant place to live with a balanced economy. the american people must have a voice about what those rules will be. and congress cannot skirt responsibility to legislate. again, i would like to close here by thanking those who led this effort, mr. collins in particular, for leading the floor conversation. he has shown great leadership, working very hard. you came here as did other members of the freshman class to make a difference by supporting the reins act and i think you will advance that cause. mr. collins: it is easy to follow in the stoot steps. and we will work to continue that fight. i thank you for being here tonight. it is now with great pleasure, another freshman who has come from north of me in north compassion for his constituents. mr. holding: i thank the gentleman from georgia for the opportunity to discuss this administration's excessive regulations. we know the harmful effect that overregulations had on the economy and since taking office, president obama and his administration have continuously burdened the american people with an exceptiona
FOX News
Jun 19, 2013 3:00pm PDT
to tap the brakes on the feds' bond buying program designed to lower interest rates and spur the economy. fox business network senior washington correspondent peter barns has an update. >> good evening. the fed says the central bank could be getting ready to wind down the easy money policies it has been using for the last five years to help the economy recover from the great recession, the first to slow and then to go, the controversial bond buying program, known as quantitative easing, which helped keep interest rates low. so far, the fed purchased $2.5 trillion in bonds to help flood the financial system with cash, basically printing new money. purchases help keep rates low for auto loans, mortgages and business loans. the fed chairman had cars on his mind when he said his team could start reducing purchases later this year, if the economy keeps growing and unemployment keeps dropping. >> if incoming data support that the economy can sustain a reasonable cruising speed, we will ease the pressure on the accelerator by gradually reducing pace of purchases. however, any need to consider a
CNBC
Jun 17, 2013 6:00am EDT
morning to you. leaders of the world's most powerful economies are gathering in northern ireland for a two-day summit. british prime minister david cameron is the host, and he's pushing for countries to share more financial information. leaders there also expected to discuss differences on some of the big issues. syria's civil war, free trade between europe and north america and of course global tax evasion. we'll have a live report from steve sedgwick on the ground in the next hour. >>> unions in turkey, they're on a owuone-day strike over the eviction of protesters from a park in istanbul. police and protesters clashed from sporadically overnight following a weekend of scuffles in the city. nbc's richard engel will join us with the latest in the next hour. >>> also in corporate news this morning, a large activist investor in smithfield foods is pressuring the company to explore a break-up rather than go ahead with that planned $4.7 billion takeover by a chinese meat producer. i don't know if this is going to make joe happy or not, but "the wall street journal" reporting that starboard va
CNBC
Jun 19, 2013 4:00am EDT
that the outlook for the u.s. economy is still quite unclear and that would dovetail nicely with what are likely to be downward revisions to the fed's forecast for the economy. if you look at the march forecasts, they were still forecasting 2013 gdp at 2.5%. and while i don't think they will go down to the sort of level that the imf was forecasting at 1.9 last friday, down grading that forecast of gdp, downgrading their inflation forecasts to levels which they previously described as sub optimal should offer markets some reassurance that as much as bernanke will stress tapering probably is going to happen, it's a matter of when. and he won't pre-judge his options. it's not something which means immediately that interest rates are going to rise. one of the things that markets seem to have to gotten, that when the fed outlined its qe exit plan in 2011, it did actually say the first thing it would do was not raise interest rates but stop rolling off or reinvesting maturing debt. >> the other thing of course is they won't be buying any fresh stuff even when they stop. and tapering doesn't mean they
CSPAN
Jun 19, 2013 9:00am EDT
a crucial role in our economy and vital role in our communities. mr. president, that was proven last night at 5:00 when the congressional budget office, this nonpartisan arm that we look to for direction with what things cost and don't cost here on capitol hill with our legislation, they issued a statement yesterday that this bill certainly, that's on the floor today, this bill certainly is good for the economy. as i will say a couple times during my brief remarks here, it's going over the next two decades, what's left in this one and the next decade, reduce the deficit in america by almost $1 trillion. of course as we've said here previously, previous to getting the report from c.b.o., this legislation is good for the economy and good for security. that's a good package. well, mr. president, these 11 million people need a pathway to get right with the law. a commonsense bipartisan reform proposal before the senate will help them do just that. it will reduce illegal immigration by strengthening our borders. it will fix our broken immigration system and crack down on unskraoup less employer
LINKTV
Jun 17, 2013 5:30am PDT
is on boosting the global economy, but the war in syria is dominating diplomacy ahead of the meeting. our diplomatic editor says divisions are growing between russia and other members of the group are good -- group. >> i think there is some trust between two people, the foreign ministers john kerry, the u.s. secretary of state, and the russian foreign minister sergey lever of. when you go wider and the two administrations, there is not much trust. on the american side, they believe that russia is seriously supporting assad's ongoing onslaught which saw the fall of qusayr. i think that is one of the factors, that seriously worried the obama administration. are the russians really serious? or are they just talking about going to geneva and in the meantime trying to win the battle on the ground, giving assad a lot of assistance? the russians make the point that we have the assad regime to go to geneva. or at least they say they will go to geneva, while the americans -- their job was to bring the opposition to the negotiating table. they have not achieved that. the opposition has not signed o
SFGTV2
Jun 21, 2013 3:30am PDT
the miners who were farmers and to create a new economy for san francisco and haven't we brilliantly and completely made new economies and so many knew that we have to name the latest new economy of the economy of invention and creativity and isn't that what we were doing in the gold rush and so it was stunning to be here with all of you who have made this possible. in 1900, the community worked with us to move up here in this area of a water front, and more of a lagoon area where we could congregate better and save the area where fisherman's wharf had been for the commerce that was needed to sustain our city. as the most of the logistics changed and as the needs changed as a community it was fisherman's wharf that helped us to envision what could be the future. in almost 50 years ago, the discussions began, how to enlifen our water front and how to keep it a working water front as we have here with all of us, as visitors, as those folks who are enjoying the great suit that they have to offer and the wonderful open space and also the working ferries that are helping to transport us a
CBS
Jun 17, 2013 4:30am EDT
at discussing world trade and what to do about the ailing economy, the two-year war in syria is expected to dominate. susan mcginnis is in washington. susan, good morning. >> good morning, anne-marie. security is tight at the lakeside golf resort where this summit is being held. along with syria, another topic that might come up is some top-level eavesdropping among foreign diplomats. president obama is in northern ireland to meet with world leaders at the g-8 summit. syria is not normally on the docket but is expected to dominate the talks following president obama's move to ship weapons to rebels fighters. >> there are very big differences between the analysis of what happened in syria and who is to blame. >> russia is noun to have given weapons. president vladimir putin says the rebels in syria are terrorists and barbarians who have even practiced cannibalism. >> are these the ones you want to support? are these the ones you want to supply with weapons? >> president obama and pr putin are expected to hold private conversation this afternoon. the conversation comes after a new report r
CBS
Jun 17, 2013 4:00am EDT
economy the war in syria is about to dominate. >>> security is tight at the lakeside golf resort where this summit is being held. along with syria, another topic that might come up is some top-level eavesdropping among foreign diplomats. president obama is on his way to northern ireland to meet with world leaders at the g-8 summit. syria is not normally on the docket but is expected to dominate the talks. >> there are very being differences between the analysis of what happened in syria and who is to blame. president vladimir putin says the rebels in syria are terrorists and barbarians who have even practiced cannibalism. >> are these the ones you want to support? are these the ones you want to give weapon ons. >>> the conversation comes after a new report reveals the u.s. and uk spied on ryu shorthand others at another summit. the "guardian" newspaper says it has evidence that they spired on the london summit of 2009 hacking into smartphones and reading e-mails. the source? edward snowden. >> how much damage he did do? the fact is that time will tell. >> on cbs's "face the nation," ch
CBS
Jun 19, 2013 5:30pm PDT
economy. the federal reserve raises its predictions for growth and jobs. anthony mason on the new outlook. the director of the f.b.i. surprised many today with a frank answer to this question: >> does the f.b.i. use drones for surveillance on u.s. soil? >> pelley: bob orr on the f.b.i.'s program. this is supposed to be the answer to america's biggest nuclear contamination problem, but it's billions over budget. carter evans investigates. and ken moreis' great-great- great grandfather is a giant of american history. jim axelrod on how a powerful legacy changed one man's man'sn. mission. >> frederic douglas said it's easier to build strong children than repair broken men. captioning sponsored by cbs >> pelley: good evening. it doesn't happen very often but it happened today-- the stock market plunged in reaction to good news. the news from the head of the federal reserve was that the economy is doing better. here's the part wall street did not like. ben bernanke said the economy is doing well enough that the fed is likely to ease back on one of its stimulus programs, a bond buying program t
MSNBC
Jun 19, 2013 3:00am PDT
economies in terms of -- because they need europe to be able to take their stuff. watch for china -- i don't know who's really running that country, but i can tell you this, their deceleration in economics is just incredible. it's not bringing us down. >> china may go down below 7%, 6% growth this err year. we are right now the tallest building in elmira, new york. >> it's the shung kamao bank. >> how do you know about elmira, new york? >> i come to play. >> you do come to play. we may be the tallest building in elmira, new york, but people keep buying the dollar. what are you going to do? go to europe? go to china? they're all train wrecks wait to go happen. >> you can't feed china. that's a big issue. 700,000 recespiratory deaths la year. let's go to john meacham. speaking of smoking, he smokes way too much. john, you look at europe, the g-8, they were all lecturing president obama three years ago. sarkozy, where is he now? who knows? he's probably staying at your place in the south of france. >> oh, no, unh-unh. >> but united states is in this strange position of just sort of crawling a
CNBC
Jun 21, 2013 4:00am EDT
. and the double hit of the weak chinese economy and also the fed's tapering continue to weigh on this sector. back to you. >> thanks for that. let's recap what happened in the u.s. as well. selling off for a second day. dow, s&p 500 suffering their worst day of the year. dow down 254 points. highest one day percentage drop since last november. all 30 components down with 29 of the 30 dropping more than 1%. s&p had its worst one day percentage drop since november as well. november 2011, i should say. all ten s&p sectors were down more than 2%. 96% of the stocks listed on the benchmark index ended in the red. the vix, the markets fair gauged up more than 23% to its highest close since december. joining us for more, charles steeple, head of market strategy at lloyd's bank with us for the best part of the first hour today. good to see you. it's been described as sort of a big unwind of leverage. the thing that's striking about this, of course, actually what was the hedge yesterday that paid off? maybe if you were long in the vix. otherwise you were pretty much whammied. >> yeah. i mean, it's -- heads
CSPAN
Jun 20, 2013 6:00am EDT
talk about here today. but what, and how do we bring the costs down? economies to scale, we know the. the more you produce is something, we've got to do this. that's going to be ultimate, one of the money decisions we have to make. one, do we need this plane? i think we do. secondly, can we afford this plane? and how do we afford it? do want to talk about that a minute? >> thank you, senator. i agree we need the airplane. can we afford the airplane is the question, not just the committee but us as well. >> american people. can we afford not to do it? >> i don't think so because there is no other option right now. and what we are asked to do is pretty well defined by our national guidance and by our defense strategic guidance. and based on that requirement that's handed to our services in the air domain, this airplane is something that we need to me commission we've been assigned. if the mission changed dramatically, if there was no intent to be worried about threats from other technology that develops in the future, if there is not a requirement, if the united states to build objecti
CSPAN
Jun 15, 2013 10:15am EDT
, professional sports. die-hard the know where to begin, a vast amount of the economy is based on taste and subjective values. there is no reason why there couldn't be a society in which we do get paid for social media, the other people do. what is the point of that? and here is where there is a leap of faith required. capitalism can work. markets can work. markets work when they start helping people coordinate to create more wealth and more positive effect for each other than they would have otherwise and when you have a market that grows as a result more people are better in the trading system that sharing system. that happened again and again and it is the real effect and is entirely appropriate especially for information network. so yes, you would be paying but you will also get paid. the nature of getting paid would be unlike any payment anyone has experienced before. we are used to the idea that you pay for stuff more often than you get paid. you only get paid every two weeks for your salary or whatever royalty check and always buying your coffee and spending in little drips and d
FOX Business
Jun 17, 2013 1:00pm EDT
, given the fact that we are becoming energies efficient with fracking? our economy is growing, the dow is up today 161 points, can we ignore the world events and continue to go on with the kind of relationships we used to need? >> no. i think it is more important that america become a player. we still have so many other issues. as the world is getting smaller, america must exert their influence in ways that were unforeseen 20 or 30 years ago. we have to be engaged. if we take an internal role of we are not needed as we were, i think that we do it at our peril. lori: a lot of economists are very concerned about this currency war that is underway. you have countries at the g8 representing $7 trillion in global economic wealth. do you think that that topic will come up? how do you realistically have a discussion about a trade deal if you do not talk about what is really going on. >> there is no question about it. if we will have a trade agreement, it has to be free, it has to be fair, and it has to be equitable to all parties. if one party has an upper hand, it is honored as a breach. com
CBS
Jun 17, 2013 12:00pm PDT
the buying spree. >>> meanwhile, across the pond they are talking the global economy. the g8 summit is under way in northern ireland, but it's not all about monetary policy. cbs reporter tara mergener on the discussions expected on u.s. wiretapping and syria. >> hello, everybody. >> reporter: president obama and british prime minister david cameron visited a northern ireland school where students are learning about the g8 summit. >> i think i just went outside the lines. >> reporter: but soon, the president and his counterparts turned their attention to the global economy. >> i'm pleased to join these leaders to announce the launch of negotiations on a new trade agreement. >> reporter: the economy is not the only topic at the g8. the civil war in syria is expected to dominate talks including president obama's meeting with russian president vladimir putin. russia supports bashar al-assad and sells him weapons. putin opposes president obama's plan to give military assistance to rebel forces trying to overthrow the government calling the fighters barbarians. >> are these the people you want to
PBS
Jun 19, 2013 2:30pm PDT
. the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the reaction from moscow was dismissive. >> president obama inspected the troops in the city that has known to much war. facing east of the brandenburg gate, he was cheered for removing his coat. >> i am feeling so good i am going to take off my jacket. >> speaking from behind bulletproof glass, he said the city has withstood war but has to be torn down. >> we can say in berlin and europe, our values one, onwon.ce and freedom >> he said they had to help people in burma and afghanistan. >> these people want to join the free world -- free world. they want our support because they are citizens of berlin in their own way. >> h
PBS
Jun 19, 2013 4:00pm PDT
talks with the taliban. the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the reaction from moscow was dismissive. >> president obama inspected the troops in the city that has known to much war. facing east of the brandenburg gate, he was cheered for removing his coat. >> i am feeling so good i am going to take off my jacket. >> speaking from behind bulletproof glass, he said the city has withstood war but has to be torn down. >> we can say in berlin and europe, our values one, onwon.ce and freedom >> he said they had to help people in burma and afghanistan. >> these people want to join the free world -- free world. they want our support because they are citizens
CBS
Jun 17, 2013 12:00pm EDT
northern ireland for the g8 summit today. the two day meeting is supposed to focus on the global economy but the civil war in syria will be a major topic. >> reporter: president obama and british prime minister david cameron visited in northern ireland at a school where students are learning about the g8 summit. but soon the president and his counterparts will turn their attention to the global economy. >> i'm pleased to announce the launch of negotiations on a new trade agreement. >> reporter: the economy is not the only topic at the g8. the civil war in syria is expected to dominate talks. russia supports dictator al assad and sells him weapons. putin opposes president obama's plan to give military assistance to rebel forces trying to overthrow assad, calling the fighters barbarian. >> and if a meeting wasn't icy enough, the white house is facing questions about allegations the u.s. spied on russian leaders at a previous global summit. >> reporter: britain's guardian newspaper says the intelligence was found in classified documents, former national security agency contractor edward sno
FOX Business
Jun 17, 2013 8:00pm EDT
it is going to go higher? >> dramatically over forecasting the economy. fourteen years, the last one ended and there's never been 14 years like that. we are going to have wage growth of 5.3% a year. so if you adjust real world super economics, you're looking at this. neil: sometimes you cannot not so sober and surprises. like 14 years ago you could have argued this. you could have pleasant surprises. neil: what you think about this? only bring you an internet boom? >> well, edge was a technological development and a great thing. neil: we are not always sold by3 this. >> the fed clearly is. we have a decade packed with zero interest rates and we are not always intervening in this way. >> well, they ought to stop right now. but the market is totally hooked on this monetary heroism. then they will begin to taper back or reduce the 85 billion. neil: so they should resist the hissy fit and moveon? >> yes, that is what they have been unwilling to do ever since greenspan punted in 1998 at the long-term capital time. time after time they have been doing the same thing. neil: how much higher do you
CSPAN
Jun 21, 2013 10:30pm EDT
, and the future in 30 minutes. talking about how you size up the economy today, how we got into such a bad place in 2008, and what economic policy makers need to do next. i would like to start talking about the present. how do you assess the global economy and the u.s. economy, and the extent to which there is any momentum or possibility for faster growth? >> basically, i would describe both the united states and the rest of the world as being in a sluggish environment where effective demand, if we can use that old-fashioned term, is inadequate to galvanize the system in the growth. yet there is not enough downside weakness to create any significant short-term changes that i can see. there are very huge imbalances out there. what i find startling is there are so many things -- which nothing is happening. for example, the european central bank had this huge trillion-euro rise a couple years ago of the assets in their balance sheet. then it came down a little bit. and for the last several months it has been absolutely flat. in other words, the extent to hich nothing is happening. it is just not cr
PBS
Jun 17, 2013 5:30pm PDT
. rohani called for moderation and for reviving iran's economy. in recent years, international sanctions aimed at rean's nuclear program helped fuel rising inflation and high unemployment. rohani presided over nuclear talks with the west between 2003 and 2005. but today the president elect was not support ceasing iranian enrichment. >> we will make nuclear talks more active. this is a problem. solution to the nuclear problem is just talks. neither threats nor sanctions will work. >> ifill: he left open the door to improving relations with the united states. >> the problem complicated and difficult. there's an old wound that should be dealt with with prudence. of course we are not seeking tension or increase can the tension. common sense says our two countries should think about the future more than the past. >> u.s. officials cautiously welcomed rohani's victory but state department spokeswoman said the obama administration wants to see more. >> we look forward to him and are hopeful that he will fulfill the campaign promises he made to the iranian people such as expanding personal
CSPAN
Jun 19, 2013 10:00am EDT
the economy has not recovered from the collapse that wall street caused in housing and other areas. we had recreational vehicles industries gone. we had some high tech that's moved on. we had a lot of construction, home building, lumber, wood products pretty much decimated. the rural areas i have in my rural counties, unemployment over 20%. people are struggling to make ends meet, and we're going to cut their benefits. they want to work. some of them are working, and we even have a higher minimum wage than some states, but it still won't get you through the end of the month for your family. now, this is just outrageous. there are ways to cut this bill. we're going to stop paying finally at last, we are going to stop people not to grow things. we are going to have a new program of crop insurance and some estimates are this program which goes to anybody with an unlimited income, if you're a corporate farm and has $2 million, government will pay 80% for your crop insurance, 80% subsidies. why is that? we could cut this and -- if you earn a quarter of a million dollars a year, go buy your own
FOX Business
Jun 19, 2013 11:00am EDT
stuart. all eyes and ears on bernanke. president obama touts our economy during a news conference with german chancellor. they have been back in the skies for just over a month, but the boeing 7873 minor, there is more problems there. walt mossberg is back. he says intel has not been out of the park. ♪ connell: a big day today. we have walt mossberg. it has been a while. dagen: new and improved walt mossberg. connell: we are waiting on bernanke. we begin with nicole petallides. nicole: good morning. the dow jones industrials were down about 21 points will be kicked off this morning. they will let us know what they are thinking and following back, we will have bernanke answering questions. you can see the major averages down slightly to the downside. it used to be if the fed did this, the market would do this. because of the action and volatility that we have seen, the only thing is the market seems to move. every word means something else. if they taper, it means that the economy is getting better. connell: thank you, nicole. all eyes are on german bernanke. dagen: peter barnes
CSPAN
Jun 20, 2013 12:00pm EDT
, they can't weaken america. they didn't weaken our economy. they helped build this country, helped build this economy as all of our ancestors did, and that's true of immigrants who want to come here and work and we ought to have a legal avenue that allows these people who want to build a better life for themselves and in the process build a better america, we ought to allow that to happen. this bill in my view doesn't go nearly far enough in accommodating the legal immigration that we could and should have in this country especially with respect to low-skilled workers. i'll be the first to say the bill makes a lot of progress for high-skilled workers, two big areas, the h-1b visas, the cap that has been too low for too long is significantly raised and although we've created hoops people have to go through that are probably unnecessary, it is progress that we have a much higher cap. there's also a new opportunity for graduate students in the stem fields to get green cards in time and that is very, very constructive. these people come here with a great deal of human capital, intellectual c
CNBC
Jun 17, 2013 2:00pm EDT
. >> thank you so much, andrea. what does this say about the state of the american economy when we're talking about this story? >> one of the things that hasn't come out, the analogy of having a modern day plantation scheme. the perpetrators were pakistani and filipino and the victims were pakistani and filipino, that's number one, so it's very interesting intracultural thing going on, and also i think there's -- this sort of speaks the whole problem of immigrat n immigration. these are people who we have haphazard immigration system, there are people here that the black market sort of takes care of and handles rather than -- >> or abuses. >> or allows people a path to citizenship. >> more clarity less likely to be abuse. >> i'm unclear about the role of fear versus choice. you're saying that the people who were perpetrating themselves were the pakistanis and filipinos. >> correct. >> what does that tell us about the scheme? who started it, what's the chicken and what's the egg here? >> my guess is they had some program with relatives and friends back in the philippines and pakistan saying c
CNN
Jun 17, 2013 1:00pm PDT
americans feel the economy is starting to recover and their perceptions about the economy is starting to go up. usually the president rides those numbers up. there may be an erosion of attributes that may cause some irreparable harm for his second term agenda. that's what i'd be very worried about. >> we should also say congress have having incredibly poor approval ratings as well. when we said that to the white house, they said, well, congress is barely out of single digits. and that's true. if you worked at the white house now, would you be worried? >> i also like to look at trend lines but i don't see any reason for concern here. if you look a little deeper beyond the overall approval and the voter opinions on economy and jobss are he unchanged. he's within the margin of error. there is not that devastating dip that others are trying to portray. >> on the economy and jobs? >> on the economy of jobs. he's within the margin of error and that's the encouragement here, that this isn't some devastating dive that's unrecoverable. i think mark's point about the clump of scandal coverage is cert
MSNBC
Jun 17, 2013 4:00pm EDT
economies. joining us now is jared bernstein of the center on budget and policy priorities and a former top economist to advice joe biden. is this not a good moment for us to gave thanks that congressman paul ryan has not been in charge of the american economy because if he had been, it would resemble those at the g-8 who have suffered triple dip recessions as a result of applying austerity? >> i think it is a helpful analogy. if you think about the impact of the of kinds of policies, austerity, that paul ryan and many other republicans stand for right now, you can see their economic impact by looking over at europe. back in 2009, when there was a similar summit, a g-209 summit, the president went over there and explained we're applying fiscal stimulus pretty aggressively in our country and many of you should try to do the same. some of them took it up on it and their economies began to improve. then they pivoted to deficit reduction way too early and by the bit off this austerity idea to the point where you can just watch their unemployment rate reverse course and start to go up. now much
CNBC
Jun 18, 2013 4:00am EDT
on the economy but signaled this in no way means rates will go up. that led to a bit of a swoon in stocks during the session yesterday. the dow gave up more than 100 points. robin harding, who wrote the article, then took to twitter to tell everyone to chill out. he later defended his piece on cnbc's "fast money." >> the fed has a one-week blackout during which it doesn't say anything to anybody. so, people need to react to the content of the story rather than the existence of the story. and what i've seen happening today, and i think we saw it happening last week, too, is the market was reacting as if there's some secret bat signal coded here. >> asked if the article was timed for the greatest market impact, harding says he has nothing to do with that, that "the ft" sends out pieces when they write them. i mentioned mr. draghi as well. he says the ecb is looking at negative to positive rates with an open mind and with all intended consequences, rates becoming more effective. again, another measure we looked at on the considered possibility of having a break on deposit facilities, speaking in je
CSPAN
Jun 20, 2013 8:00pm EDT
, promotes growth and creates jobs, investments in infrastructure and innovation, expands our economy and strengthens the middle class and responsibly reduces the deficit. cognizant van hollen has been our leader on budget issues and the -- always promoting a budget as a statement of our national values of fairness, and opportunity, while reducing the deficit. please yield to the distinguished gentleman. >> thank you, leader pelosi. leader pelosi and president obama have in calling for some time now for the house of representatives to get working on legislation that will help boost growth. the economy has been improving but we know it can improve much faster if congress would do its work. two percent economic growth. because of things congress has done, like the sequester, we are slowing down economic growth in the country. the congressional budget office says economic growth this year will be one third less because of the sequester. which is why we have proposed a budget. senate democrats and the president of the united states have proposed budget that would replace the sequester wit
CBS
Jun 21, 2013 7:00am PDT
in years? plus, how the dow's plunge could be a good sign for the economy. >>> new overnight. word of a near miss in the skies above new york city. how two jets almost collided in midair. >> the incredible story of a deaf boy hearing for the first time. inside a medical breakthrough. >>> and the miami heat go back to back, repeating as nba champs. >>> but we begin this morning with a look at today's eye opener. your world in 90 seconds. >> people in hedging their bets. >> wall street tries to rebound after a massive sell-off and stocks tumbling. >> yesterday, the dow plunged, its biggest point drop since 2011. >> anxiety mounted over potential of the stimulus reserve to end. >> snowden under investigation. the inspector general race been looking into the company. >> we do believe there may be some problems. >> senate leaders appear to have reached a compromise on immigration reform but the deal is likely to face stiff opposition in the house. >> for peepople concerned about border security, once they see this bill it's almost overkill. >> it's back-to-back
Search Results 0 to 49 of about 227 (some duplicates have been removed)